NVDA

NVDA Q2 Earnings Update

• Sales $30.0B vs Est. $28.6B
• EPS $0.68 vs Est. $0.64

NVIDIA reported a record quarterly revenue of $30.0 billion for the second quarter of fiscal year 2025, a 122% increase from the previous year. Data Center revenue also reached a record $26.3 billion, a 154% increase year-over-year. GAAP earnings per diluted share were $0.67, up 168% from the previous year, and non-GAAP earnings per diluted share were $0.68, up 152%.

For the third quarter of fiscal 2025, NVIDIA expects revenue of $32.5 billion, plus or minus 2%, with GAAP and non-GAAP gross margins expected to be 74.4% and 75.0%, respectively.

CEO Jensen Huang highlighted that NVIDIA's record revenue was driven by strong demand for data center modernization and generative AI. He also noted the high anticipation for new products like Blackwell.